Reports of negative economic news pushed the benchmark 10-Year Treasury to re-test this year’s lows. The primary index for gauging US manufacturing plunged earlier this week. Additionally, the United States and China trade war seems to be taking its toll on…
Barry Slatt Mortgage Company has identified the following 3rd quarter 2019 market trends: Interest rates for long-term fixed-rate loans have decreased substantially since the end of 2018 when the 10 Year Treasury (US10Y) peaked at 3.25%. Interest rates for benchmark…
The following are Barry Slatt Mortgage Company‘s primary takeaways from this week’s California Mortgage Bankers Association Western States Commercial Real Estate Finance (CREF) conference in Las Vegas, Nevada. The general mood across the majority of participants at this year’s event…
With so much focus on interest rates in 2019, it’s easy to overlook a less-discussed yet essential part of the loan process. Loan servicing may not generate as many headlines or give talking heads sensational issues to discuss, but it…
2019 has been a rollercoaster for the 10-year benchmark US Treasury (US10Y), however, the rate has dropped in greater increments then it has recovered. Any stabilization and or recoveries in the US10Y rate in 2019 have been brief. Closing today…
With treasury yields and the other indexes that make up the basis for many commercial real estate loans at recent lows, it’s time we have a chat about the rate lock. This seemingly simple concept is fraught with half-truths, mistaken expectations,…
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